Commodity News

Stock Market Latest Update: A Breather as Rally Pauses

The US stock market showed a slight decline on Wednesday morning as investors took a pause following last week's market…

11 months ago

The Rise in Oil Prices

Slowing US inflation and China's determination to jump-start the economy lifted oil prices on Wednesday morning. The market awaited the…

11 months ago

US Dollar Weakens as Inflation Expectations Cool

 Opening Room for Dovish Undertone In the world of forex trading, the US dollar (USD) has been experiencing a downward…

11 months ago

Investors Seek Refuge in Gold Bars

Supported by a weaker dollar and speculation of an end to aggressive monetary policy tightening in the US, gold has…

11 months ago

Plus500 Acquires 7.3 Million Shares, Grows Treasury Holdings

Plus500, a publicly listed trading company, has recently announced a significant acquisition of over 7.3 million ordinary shares from Odey…

11 months ago

CFTC Sues Binance Platform

The US Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Binance, the world's largest cryptocurrency exchange, and its…

11 months ago

The Saudi Budget Is Again in Deficit

Saudi Arabia registered a shortage of 2.9 billion riyals ($770 million) in the first quarter of the year as the…

11 months ago

Asian Stock Markets Rally Despite Weakness in US Economy

Asian stock markets showed resilience on Tuesday, bouncing back from Wall Street's decline due to concerns about the weakening US…

11 months ago

Asian Stocks: Nikkei Reaches New Three-Decade Highs

The Nikkei and other Asian markets experienced mostly positive movements as US President Joe Biden signed a debt ceiling bill…

11 months ago

Crude Oil and OPEC updates: Commodity News

Today, June 5th, 2023 -  crude oil prices started the session with a strong rise. It reached an anticipated target…

11 months ago

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